PARIS — The European Commission has just presented its Work Program 2024, and in it there was notably no mention of the Registration, Evaluation, Authorization and Restriction of Chemicals, or REACH, a governing regulation that can impact the beauty industry. During his closing statements of the European Parliament’s plenary session on Tuesday, Maroš Šefčovič, vice...Read More
Love Wellness has named Maria Dempsey, who departed from Nest New York earlier this month, the brand’s new chief executive officer. She will take over from brand founder Lo Bosworth. Over Dempsey’s 30-year career, she worked as CEO of Nest New York, executive vice president of regional marketing at Clarins, vice president of marketing at...Read More
Macy’s is partnering with Dior Beauty as its first beauty sponsor for the 48th annual Macy’s Flower Show. Thousands of plants, flowers and trees will be on display on the main floor, balcony and windows of Macy’s Herald Square flagship store in New YorkCity from March 26 through April 10. Dior’s exhibition, centered on its...Read More
It’s the world of Rhode, and we’re all just living in it. Hailey Bieber launched her beauty brand, Rhode, directly on its website on June 15 with a pared-back assortment of five stockkeeping units. Already, though, she’s thinking big picture. “The vision for me from the beginning was the world of Rhode,” Bieber told WWD....Read More
Longtime Too Faced president Eric Hohl has been appointed chairman and chief executive officer of Forma Brands, the parent company of Morphe. Hohl succeeds Myles McCormick, who has left the CEO job and remains an adviser to the company. Hohl described Forma’s brand portfolio as one with “significant potential,” and that changes in the beauty...Read More
PARIS – Sephora said Wednesday that it has completed the acquisition of Feelunique, the U.K.-based online prestige beauty retailer. On July 23, Sephora announced it had signed an agreement with Palamon Capital Partners and other shareholders to buy Feelunique. Terms of the deal were not disclosed but a report valued Feelunique at 132 million pounds....Read More
NEW DELHI — Seeking a valuation of about $4 billion, online beauty player Nykaa, the largest in its space in India, has filed with the regulatory SEBI for an initial public offering with the Securities and Exchange Board of India. In a sector dominated by global players — U.S. e-commerce giants Amazon and Walmart-owned Flipkart,...Read More
The Carlyle Group has made a majority investment in Beautycounter that values the company at $1 billion. Beautycounter sells clean skin care, makeup and personal care products through a network of sales people, brick and mortar locations, and online. The company plans to use the capital to increase brand awareness and further its omnichannel business...Read More
